GoGetta Lists Two Businesses Outside of SA
GoGetta, an equity-based crowdfunding platform, has listed its first two businesses outside of South Africa.
GoGetta, an equity-based crowdfunding platform, has listed its first two businesses outside of South Africa.
DFS Lab and the Stellar Development Foundation (SDF) have launched the SCF Startup Camp, a 5-day virtual and global bootcamp.
In 2022, total funding invested into tech startups in Africa reached $6.5bn, an increase of 8% vs 2021, spread across 764 deals - compared to 724 rounds in 2021, according to Partech Africa.
The Executives of Ethos’ Mid Market Fund and Ethos Private Equity said that the mid-market team is spinning out, to form a new independent private equity fund manager – Infinite Partners.
Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, has launched Madica, a structured investment program for pre-seed stage technology companies in Africa.
Advocacy group Niyel has launched a Call for Proposals (CFP) into cross-country collaboration initiatives on behalf of the Africa Data Governance Opportunity Fund.
Currency risk can be a major challenge when investing in Africa, according to the ‘Currency Risk Management Practices in African Private Equity and Venture Capital’ Report, the second AVCA’s special report series alongside The Currency Exchange Fund (TCX) and MFX Solutions.
Inspired Evolution and Schneider Electric have agreed to collaborate on various energy-related solutions for the African region.
The total value of private capital deals reported in Africa reached a record high of $7.4bn, according to AVCA’s 2021 Annual African Private Capital Activity Report.
Partech, a tech investment firm, has launched “Chapter54”, a support programme for European start-ups wanting to expand into African markets.
Africa-focused infrastructure investment funds have set record fundraising targets in 2021, according to new analysis by global law firm Linklaters.
Metier Sustainable Capital, a private equity fund focused on clean infrastructure investments across Africa, managed by Metier, and FMO, the Dutch entrepreneurial development bank, have established and funded Africa REN Energy, a newly formed investment holding dedicated to support African infrastructure projects.
FONSIS, the Senegalese Sovereign Wealth Fund and KfW, the German Development Bank have launched Oyass Capital, an investment fund dedicated to investments in SMEs in Senegal.
Alterra Capital Partners, an Africa-focused private equity firm that spun out of Carlyle in 2020, has been joined by Bryce Fort and Paul Maasdorp, Partners at Emerging Capital Partners (ECP), to launch a new African investment vehicle.